The team looked at the different levers that John Textor intends to use to restore OL's finances and avoid relegation to L2. Many will not work….
Last Saturday, the day after the DNCG announced that OL would be relegated to L2 at the end of the season if their accounts did not improve, John Textor gave a press conference. The American expressed his confidence in the future, assuring that everything would return to normal. Because he has several ideas to redress the situation. All together, the money that Botafogo will bring in through the sale of certain players in January will go into Lyon's coffers, without counting the sales of Eagle Football's shares in Crystal Palace, the company's stock market listing or the signing of a “weaver”.
The light should not come from Botafogo
The team studied all these possibilities and it emerged that very few could really help to replenish Lyon's finances. For example, regarding the sale of Botafogo players, a specialist recalls that the entire squad of the future Brazilian champions is worth €136 million. And it seems unlikely that Textor will sell half of the players this winter… Not to mention that “when the whole world knows that you have to sell, you will sell for less than expected”, specifies this specialist.
Listing on the stock market is also frowned upon because it is not sustainable. As is the idea of a weaver, which simply consists of spreading the debt over time. The sale of Crystal Palace's shares constitutes the only good way, according to L'Equipe, to recover a large stake likely to save OL. But the sports daily specifies that, in this story, it is John Textor who has the most to lose because the Ares fund could decide to remove him from Olympique Lyonnais and manage the club itself if it sees that the Things don't improve quickly.
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